Ford jumps after announcing it's looking into a partnership aimed at the Indian car market (F)

09/18/2017

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Ford's stock price is gaining after news of an Indian partnership is released.

Ford shares are trading up 0.95% at $11.73 a piece after the company announced it's looking into a strategic alliance with Indian auto maker Mahindra & Mahindra.

The agreement would last three years and includes a number of areas beyond simple manufacturing. If an agreement is reached, the companies will cooperate on electrification, distribution in India and mobility programs.

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Author:
pulse
Source:
BusinessInsider

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